Oil slips on US stock build, Middle East disruptions limit losses

Oil slips on US stock build, Middle East disruptions limit losses

Arab News Sep 16, 2026 Oil slips on US stock build, Middle East disruptions limit losses

BEIJING/SINGAPORE: Oil prices fell on Wednesday, retreating after a two-day rally following an unexpectedly ‌large build in US crude inventories, while supply disruptions in the Middle East lingered. Brent crude futures fell 73 cents, or 0.67 percent, to $108.02 a barrel at 07:50 a.m. Saudi time, while US West Texas Intermediate futures were down $1.1, or 1.04 percent, at $104.73 a barrel. Both benchmarks settled ​more than $3 higher and at their highest levels since May 19 on Tuesday, a

Source: Arab News

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Arab News
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September 16, 2026 - 10:14 AM
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Oil slips on US stock build, Middle East disruptions limit losses

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Economy

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